More on Me + Em – Page 514
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NewsUK retail chairs predict hiring freezes, redundancies and more store closures
Chairs from across UK retail have warned of hiring freezes, staff reductions and store closures over the coming months amid the ongoing fallout from the coronavirus pandemic.
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NewsBurberry ‘encouraged’ by recovery despite sales slide
Burberry has recorded a sharp drop in profits and sales amid the pandemic, but has seen shoots of recovery in certain regions.
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NewsRetail Week Awards 2021 shortlist revealed
Retail Week has unveiled its shortlist for the Retail Week Awards 2021.
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NewsAlibaba Singles’ Day sales surpass $70bn, spurred by luxury
Alibaba posted record sales of $74bn (£56bn) for its annual Singles’ Day Sales event, which this year was extended beyond the usual one day of deals.
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NewsB&M half-year profits skyrocket as sales surge
B&M has recorded a jump in interim profits spurred by a leap in sales that boss Simon Arora says shows the retailer is “well-attuned to the evolving needs of customers”.
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NewsWHSmith tumbles to full-year loss as sales slide
WHSmith has fallen into the red at the full-year mark as the retailer’s sales across travel and the high street were “heavily impacted” by the pandemic.
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AnalysisWatch: Subscriptions and finance are the future, say experts
Retailers need to offer consumers flexible subscriptions and finance options to win spend in a difficult market, a leading panel of experts told Retail Week at its latest virtual event.
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NewsMarks & Spencer adds Early Learning Centre to online brand stable
Marks & Spencer is to sell Early Learning Centre products on its website in its latest tie-up with a complementary brand to build online appeal.
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OpinionLockdown to scupper Black Friday bonanza – but all is not lost
Lockdown has put the dampeners on a Black Friday sales surge with consumers expected to spend 20% less during the discounting event this year, according to PwC.
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AnalysisNo Limits: Retail’s five best apprentice schemes
As National Apprenticeship Week kicks off, Retail Week looks into why these schemes can’t be a casualty of the pandemic and shines a spotlight on some of retail’s best apprenticeship programmes.
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OpinionFour ways to better merge physical and digital: lessons from global retail
How can retailers better merge the physical and digital worlds? Nicki Sprinz, managing director of digital experience agency ustwo, shares examples from around the world.
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NewsLive updates: Tracking retailers’ response to lockdown 2.0
Retailers and brands are reacting to the challenges posed by the winter lockdown in England and restrictions across the UK. Retail Week tracks the response of businesses, as they happen. Last updated on November 20.
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NewsSelfridges raids Lane Crawford for new managing director
Selfridges has appointed Andrew Keith, president of upscale Hong Kong-based department store business Lane Crawford, as its new managing director.
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AnalysisAnalysis: Vaccine joy sparks share price snakes and ladders
Welcome news of a coronavirus vaccine has sparked a stock market shift as investors rushed to buy and sell shares. Big-name retail and other consumer stocks shunned during the pandemic were back in fashion, while lockdown stars took a hit.
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NewsSupermarkets lobby to extend pre-Christmas Sunday trading hours
Supermarket bosses have launched a bid to extend Sunday trading hours in the lead up to Christmas.
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NewsAmazon abused position to obtain third-party sellers’ data, says EC
Amazon has been charged with breaking EU competition laws, using data from its third-party sellers to gain dominance in the market.
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AnalysisBlack Friday 2020 deal tracker: What promotions retailers are running
Deals are already under way for Black Friday 2020, which is predicted to be a bumper event for online retailers. Retail Week tracks the promotions being run by the UK’s biggest retailers this year.
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AnalysisWhy Asda, Ikea and Tesco are betting on a sustainable post-pandemic future
Over the last few months, a throng of retailers have made pledges and launched initiatives to become more sustainable. But is the middle of a global pandemic the right time to be making these bold claims?
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OpinionClarke Carlisle: Leaders must talk about mental health – starting today
Following a public fight with depression, which has included two suicide attempts, ex-professional footballer Clarke Carlisle has pursued a path to recovery and is now determined to help others. As the Virtual Leaders’ Summit gets under way, he shares critical learnings on mental health that retail bosses cannot afford to ignore.
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DataRanking: Top 30 growth retailers led by Gymshark, Boohoo and Farfetch
Dominated by etailers, our latest Top 30 Growth Retailers ranking is critical reading in the run-up to Christmas as shoppers increasingly migrate online.